Smith Moore & CO. Has $17.64 Million Stock Holdings in Capital Group Dividend Value ETF $CGDV

Smith Moore & CO. raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 404,184 shares of the company’s stock after purchasing an additional 62,998 shares during the quarter. Capital Group Dividend Value ETF makes up 1.3% of Smith Moore & CO.’s holdings, making the stock its 13th biggest position. Smith Moore & CO. owned about 0.06% of Capital Group Dividend Value ETF worth $17,639,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in CGDV. Raymond James Financial Inc. lifted its holdings in Capital Group Dividend Value ETF by 14.3% during the 3rd quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock valued at $929,942,000 after purchasing an additional 2,772,053 shares during the last quarter. Bank of America Corp DE lifted its holdings in Capital Group Dividend Value ETF by 20.4% during the 3rd quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock valued at $666,951,000 after purchasing an additional 2,688,496 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Capital Group Dividend Value ETF by 39.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 7,854,486 shares of the company’s stock valued at $328,634,000 after purchasing an additional 2,208,093 shares during the last quarter. Mainstay Capital Management LLC ADV acquired a new stake in Capital Group Dividend Value ETF during the 3rd quarter valued at $70,987,000. Finally, Merit Financial Group LLC lifted its holdings in Capital Group Dividend Value ETF by 465.5% during the 3rd quarter. Merit Financial Group LLC now owns 1,690,161 shares of the company’s stock valued at $71,037,000 after purchasing an additional 1,391,257 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of Capital Group Dividend Value ETF stock opened at $44.72 on Monday. The business has a fifty day simple moving average of $44.30 and a two-hundred day simple moving average of $43.63. Capital Group Dividend Value ETF has a 1 year low of $32.51 and a 1 year high of $46.01. The company has a market capitalization of $30.36 billion, a price-to-earnings ratio of 26.59 and a beta of 0.90.

About Capital Group Dividend Value ETF

The Capital Group Dividend Value ETF (CGDV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in stocks of dividend-paying, large- and mid-cap US companies. The fund seeks to produce income exceeding the average yield on US stocks. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.